Template:M summ 2018 CSD 3: Difference between revisions

There is quite a lot in Paragraph {{csaprov|3}} of the {{imcsd}}, and rather than collecting it all here, it is contained in detailed commentary in a couple of places:  

==={{csaprov|Margin Amount (IM)}} and {{csaprov|Margin Amount (IA)}}===

Firstly, at Paragraph {{csaprov|3(c)}}, {{csaprov|Margin Amount (IM); Margin Amount (IA); Margin Approach}} which introduces this new bipartite structure of {{csaprov|Margin Amount (IM)}} — [[regulatory initial margin]] — and {{csaprov|Margin Amount (IA)}} — extra, [[non-regulatory initial margin|''non''-regulatory initial margin]], over and above the [[regulatory initial margin]] but not including it.

===Margin Approach===

Our commentary at paragraph {{csaprov|3(c)(iii)}} explains how you divvy up your [[regulatory IM]] and [[non-regulatory IM]] between this {{imcsd}} and any {{Other CSA}} you may have to capture the [[non-regulatory IM]].